Woman Arrested in Fraud Case Over Multimillion-Dollar Sea Cliff Home

a stack of manila folders, a pen, and a set of house keys on a wooden desk near a window overlooking a steep street with upscale coastal homes on an overcast da

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San Francisco Police Arrest Woman in Multimillion-Dollar Fraud Case

A 42-year-old woman accused of participating in a real estate fraud case tied to a multimillion-dollar home in San Francisco's Sea Cliff neighborhood was taken into custody on Friday, according to local law enforcement.

Arrest at Sea Cliff Residence

Diana Peng was arrested by officers with the San Francisco Police Department at approximately 7:30 a.m. on the 200 block of 32nd Avenue. Police were executing a search warrant at the time as part of their ongoing criminal investigation into the matter.

Details of the Accusations and Charges

According to officials, Peng has been booked into San Francisco County Jail on a range of suspected charges, including fraud, possession of a firearm and ammunition by a convicted felon, narcotics offenses, driving without a license, and improper care of animals.

Alleged Real Estate Fraud Scheme

The fraud case stems from a civil lawsuit in which Peng and an individual named Brandon Aadee were accused of using forged signatures to obtain the deed to the Sea Cliff property on 32nd Avenue without the true owner's permission. The home, situated in one of San Francisco's most prestigious neighborhoods, is valued at approximately $4.4 million.

Timeline and Nature of the Alleged Fraud

The civil lawsuit filed by the city of San Francisco alleges that Peng and Aadee transferred the deed to the property between themselves on eight separate occasions over the course of 13 years. Subsequently, they attempted to sell the property. A key detail from the lawsuit indicates that the home was transferred from its rightful owner, Wei Wang, to Aadee through a fraudulent filing in June 2025.

Ongoing Investigation and Legal Proceedings

The civil lawsuit filed by the city seeks penalties and a court order invalidating the disputed deed transfers. Meanwhile, the San Francisco Police Department has stated that the criminal investigation remains active, and they are encouraging anyone with information about the case to contact the SFPD at 415-575-4444. Anonymous tips are also accepted.

Further Information and Contact

The San Francisco Police Department continues to pursue leads as the property fraud investigation develops. The public is urged to come forward with any relevant information that could assist detectives in the ongoing case.